Finance Receivables And Loans, Net (Tables)

9 Months Ended

Sep. 30, 2012

Loans and Leases Receivable, Net Reported Amount, by Category Alternative [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The composition of finance receivables and loans, net, reported at carrying value before allowance for loan losses was as follows.

	September 30, 2012						December 31, 2011
($ in millions)	Domestic		Foreign		Total		Domestic		Foreign		Total
Consumer automobile	$	52,434	$	18,413	$	70,847	$	46,576	$	16,883	$	63,459
Consumer mortgage
1st Mortgage	7,070		—		7,070		6,867		24		6,891
Home equity	2,717		—		2,717		3,102		—		3,102
Total consumer mortgage	9,787		—		9,787		9,969		24		9,993
Commercial
Commercial and industrial
Automobile	27,523		7,279		34,802		26,552		8,265		34,817
Mortgage	686		—		686		1,887		24		1,911
Other	2,552		6		2,558		1,178		63		1,241
Commercial real estate
Automobile	2,446		133		2,579		2,331		154		2,485
Mortgage	—		—		—		—		14		14
Total commercial	33,207		7,418		40,625		31,948		8,520		40,468
Loans at fair value (a)	—		—		—		603		232		835
Total finance receivables and loans (b)	$	95,428	$	25,831	$	121,259	$	89,096	$	25,659	$	114,755

(a) Includes domestic consumer mortgages at fair value as a result of fair value option election. Refer to Note 22 for additional information.

(b) Totals are net of unearned income, unamortized premiums and discounts, and deferred fees and costs of $3.0 billion and $2.9 billion at September 30, 2012, and December 31, 2011, respectively.

Allowance for Credit Losses on Financing Receivables [Table Text Block]

Three months ended September 30, 2011 ($ in millions)	Consumer automobile			Consumer mortgage			Commercial			Total
Allowance at July 1, 2011	$	911		$	558		$	270		$	1,739
Charge-offs
Domestic	(97		)	(54		)	(6		)	(157		)
Foreign	(37		)	(2		)	(7		)	(46		)
Total charge-offs	(134		)	(56		)	(13		)	(203		)
Recoveries
Domestic	45			4			4			53
Foreign	18			1			8			27
Total recoveries	63			5			12			80
Net charge-offs	(71		)	(51		)	(1		)	(123		)
Provision for loan losses	53			26			(29		)	50
Discontinued operations	—			(1		)	—			(1		)
Other	(42		)	—			(2		)	(44		)
Allowance at September 30, 2011	$	851		$	532		$	238		$	1,621

Nine months ended September 30, 2012 ($ in millions)	Consumer automobile			Consumer mortgage			Commercial			Total
Allowance at January 1, 2012	$	766		$	516		$	221		$	1,503
Charge-offs
Domestic	(296		)	(119		)	(6		)	(421		)
Foreign	(128		)	—			(2		)	(130		)
Total charge-offs	(424		)	(119		)	(8		)	(551		)
Recoveries
Domestic	129			8			10			147
Foreign	55			—			29			84
Total recoveries	184			8			39			231
Net charge-offs	(240		)	(111		)	31			(320		)
Provision for loan losses	295			54			(64		)	285
Deconsolidation of ResCap	—			(9		)	—			(9		)
Other	(18		)	(3		)	(15		)	(36		)
Allowance at September 30, 2012	$	803		$	447		$	173		$	1,423
Allowance for loan losses
Individually evaluated for impairment	$	10		$	172		$	38		$	220
Collectively evaluated for impairment	789			275			135			1,199
Loans acquired with deteriorated credit quality	4			—			—			4
Finance receivables and loans at historical cost
Ending balance	70,847			9,787			40,625			121,259
Individually evaluated for impairment	97			738			1,662			2,497
Collectively evaluated for impairment	70,710			9,049			38,963			118,722
Loans acquired with deteriorated credit quality	40			—			—			40

The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans.

Three months ended September 30, 2012 ($ in millions)	Consumer automobile			Consumer mortgage			Commercial			Total
Allowance at July 1, 2012	$	778		$	472		$	177		$	1,427
Charge-offs
Domestic	(111		)	(33		)	(3		)	(147		)
Foreign	(47		)	—			—			(47		)
Total charge-offs	(158		)	(33		)	(3		)	(194		)
Recoveries
Domestic	41			2			1			44
Foreign	21			—			4			25
Total recoveries	62			2			5			69
Net charge-offs	(96		)	(31		)	2			(125		)
Provision for loan losses	117			6			(7		)	116
Other	4			—			1			5
Allowance at September 30, 2012	$	803		$	447		$	173		$	1,423

Nine months ended September 30, 2011 ($ in millions)	Consumer automobile			Consumer mortgage			Commercial			Total
Allowance at January 1, 2011	$	970		$	580		$	323		$	1,873
Charge-offs
Domestic	(331		)	(162		)	(24		)	(517		)
Foreign	(112		)	(4		)	(55		)	(171		)
Total charge-offs	(443		)	(166		)	(79		)	(688		)
Recoveries
Domestic	146			13			16			175
Foreign	54			1			25			80
Total recoveries	200			14			41			255
Net charge-offs	(243		)	(152		)	(38		)	(433		)
Provision for loan losses	157			104			(48		)	213
Other	(33		)	—			1			(32		)
Allowance at September 30, 2011	$	851		$	532		$	238		$	1,621
Allowance for loan losses
Individually evaluated for impairment	$	2		$	125		$	49		$	176
Collectively evaluated for impairment	839			407			189			1,435
Loans acquired with deteriorated credit quality	10			—			—			10
Finance receivables and loans at historical cost
Ending balance	59,705			10,269			37,897			107,871
Individually evaluated for impairment	52			600			698			1,350
Collectively evaluated for impairment	59,549			9,669			37,199			106,417
Loans acquired with deteriorated credit quality	104			—			—			104

Schedule Of Sales Of Financing Receivables And Loans [Table Text Block]

The following table presents information about significant sales of finance receivables and loans recorded at historical cost and transfers of finance receivables and loans from held-for-investment to held-for-sale.

	Three months ended September 30,				Nine months ended September 30,
($ in millions)	2012		2011		2012		2011
Consumer automobile	$	—	$	1,961	$	1,960	$	3,279
Consumer mortgage	—		7		40		100
Commercial	10		27		10		33
Total sales and transfers	$	10	$	1,995	$	2,010	$	3,412

Past Due Financing Receivables [Table Text Block]

The following table presents an analysis of our past due finance receivables and loans, net, recorded at historical cost reported at carrying value before allowance for loan losses.

($ in millions)	30-59 days past due		60-89 days past due		90 days or more past due		Total past due		Current		Total finance receivables and loans
September 30, 2012
Consumer automobile	$	848	$	197	$	191	$	1,236	$	69,611	$	70,847
Consumer mortgage
1st Mortgage	76		38		161		275		6,795		7,070
Home equity	17		12		13		42		2,675		2,717
Total consumer mortgage	93		50		174		317		9,470		9,787
Commercial
Commercial and industrial
Automobile	7		2		58		67		34,735		34,802
Mortgage	—		—		—		—		686		686
Other	—		—		1		1		2,557		2,558
Commercial real estate
Automobile	2		—		18		20		2,559		2,579
Mortgage	—		—		—		—		—		—
Total commercial	9		2		77		88		40,537		40,625
Total consumer and commercial	$	950	$	249	$	442	$	1,641	$	119,618	$	121,259
December 31, 2011
Consumer automobile	$	802	$	162	$	179	$	1,143	$	62,316	$	63,459
Consumer mortgage
1st Mortgage	91		35		162		288		6,603		6,891
Home equity	21		11		18		50		3,052		3,102
Total consumer mortgage	112		46		180		338		9,655		9,993
Commercial
Commercial and industrial
Automobile	—		1		126		127		34,690		34,817
Mortgage	—		—		—		—		1,911		1,911
Other	—		—		1		1		1,240		1,241
Commercial real estate
Automobile	2		1		34		37		2,448		2,485
Mortgage	—		2		12		14		—		14
Total commercial	2		4		173		179		40,289		40,468
Total consumer and commercial	$	916	$	212	$	532	$	1,660	$	112,260	$	113,920

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following table presents the carrying value before allowance for loan losses of our finance receivables and loans recorded at historical cost on nonaccrual status.

($ in millions)	September 30, 2012		December 31, 2011
Consumer automobile	$	304	$	228
Consumer mortgage
1st Mortgage	444		281
Home equity	36		58
Total consumer mortgage	480		339
Commercial
Commercial and industrial
Automobile	257		223
Mortgage	—		—
Other	36		37
Commercial real estate
Automobile	53		67
Mortgage	—		12
Total commercial	346		339
Total consumer and commercial finance receivables and loans	$	1,130	$	906

Financing Receivable Credit Quality Indicators [Table Text Block]

The following table presents performing and nonperforming credit quality indicators in accordance with our internal accounting policies for our consumer finance receivables and loans recorded at historical cost reported at carrying value before allowance for loan losses.

	September 30, 2012						December 31, 2011
($ in millions)	Performing		Nonperforming		Total		Performing		Nonperforming		Total
Consumer automobile	$	70,543	$	304	$	70,847	$	63,231	$	228	$	63,459
Consumer mortgage
1st Mortgage	6,626		444		7,070		6,610		281		6,891
Home equity	2,681		36		2,717		3,044		58		3,102
Total consumer mortgage	$	9,307	$	480	$	9,787	$	9,654	$	339	$	9,993

The following table presents pass and criticized credit quality indicators based on regulatory definitions for our commercial finance receivables and loans recorded at historical cost reported at carrying value before allowance for loan losses.

	September 30, 2012						December 31, 2011
($ in millions)	Pass		Criticized (a)		Total		Pass		Criticized (a)		Total
Commercial
Commercial and industrial
Automobile	$	32,766	$	2,036	$	34,802	$	32,464	$	2,353	$	34,817
Mortgage	667		19		686		1,760		151		1,911
Other	2,306		252		2,558		883		358		1,241
Commercial real estate
Automobile	2,471		108		2,579		2,305		180		2,485
Mortgage	—		—		—		—		14		14
Total commercial	$	38,210	$	2,415	$	40,625	$	37,412	$	3,056	$	40,468

(a) Includes loans classified as special mention, substandard, or doubtful. These classifications are based on regulatory definitions and generally represent loans within our portfolio that have a higher default risk or have already defaulted.

Impaired Financing Receivables [Table Text Block]

The following tables present average balance and interest income for our impaired finance receivables and loans.

	2012				2011
Three months ended September 30, ($ in millions)	Average balance		Interest income		Average balance		Interest income
Consumer automobile	$	97	$	2	$	56	$	1
Consumer mortgage
1st Mortgage	628		10		476		5
Home equity	91		1		93		1
Total consumer mortgage	719		11		569		6
Commercial
Commercial and industrial
Automobile	229		4		306		6
Mortgage	—		—		2		1
Other	37		—		54		—
Commercial real estate
Automobile	51		1		104		4
Mortgage	—		—		31		—
Total commercial	317		5		497		11
Total consumer and commercial finance receivables and loans	$	1,133	$	18	$	1,122	$	18

The following table presents information about our impaired finance receivables and loans recorded at historical cost.

($ in millions)	Unpaid principal balance		Carrying value before allowance		Impaired with no allowance		Impaired with an allowance		Allowance for impaired loans
September 30, 2012
Consumer automobile	$	97	$	97	$	—	$	97	$	10
Consumer mortgage
1st Mortgage	728		646		101		545		133
Home equity	91		92		—		92		39
Total consumer mortgage	819		738		101		637		172
Commercial
Commercial and industrial
Automobile	257		257		93		164		15
Mortgage	—		—		—		—		—
Other	36		36		10		26		7
Commercial real estate
Automobile	53		53		14		39		16
Mortgage	—		—		—		—		—
Total commercial	346		346		117		229		38
Total consumer and commercial finance receivables and loans	$	1,262	$	1,181	$	218	$	963	$	220
December 31, 2011
Consumer automobile	$	69	$	69	$	—	$	69	$	7
Consumer mortgage
1st Mortgage	516		508		83		425		126
Home equity	97		98		—		98		46
Total consumer mortgage	613		606		83		523		172
Commercial
Commercial and industrial
Automobile	222		222		64		158		22
Mortgage	—		—		—		—		—
Other	37		37		25		12		5
Commercial real estate
Automobile	68		68		32		36		18
Mortgage	12		12		1		11		5
Total commercial	339		339		122		217		50
Total consumer and commercial finance receivables and loans	$	1,021	$	1,014	$	205	$	809	$	229

	2012				2011
Nine months ended September 30, ($ in millions)	Average balance		Interest income		Average balance		Interest income
Consumer automobile	$	91	$	7	$	23	$	1
Consumer mortgage
1st Mortgage	574		21		449		13
Home equity	95		3		89		3
Total consumer mortgage	669		24		538		16
Commercial
Commercial and industrial
Automobile	212		9		321		7
Mortgage	6		—		26		6
Other	32		5		95		1
Commercial real estate
Automobile	57		2		141		4
Mortgage	7		—		47		1
Total commercial	314		16		630		19
Total consumer and commercial finance receivables and loans	$	1,074	$	47	$	1,191	$	36

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

The following tables present information related to finance receivables and loans recorded at historical cost modified in connection with a troubled debt restructuring during the period.

	2012					2011
Three months ended September 30, ($ in millions)	Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance		Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance
Consumer automobile	1,207	$	14	$	14	1,629	$	21	$	21
Consumer mortgage
1st Mortgage	218	74		59		80	30		29
Home equity	85	5		5		213	12		11
Total consumer mortgage	303	79		64		293	42		40
Commercial
Commercial and industrial
Automobile	3	7		7		—	—		—
Mortgage	—	—		—		—	—		—
Other	—	—		—		—	—		—
Commercial real estate
Automobile	1	2		2		1	2		2
Mortgage	—	—		—		1	3		2
Total commercial	4	9		9		2	5		4
Total consumer and commercial finance receivables and loans	1,514	$	102	$	87	1,924	$	68	$	65

	2012					2011
Nine months ended September 30, ($ in millions)	Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance		Number of loans	Pre-modification carrying value before allowance		Post-modification carrying value before allowance
Consumer automobile	5,979	$	72	$	72	4,407	$	58	$	58
Consumer mortgage
1st Mortgage	1,140	333		247		309	111		110
Home equity	312	18		17		695	39		36
Total consumer mortgage	1,452	351		264		1,004	150		146
Commercial
Commercial and industrial
Automobile	9	15		15		1	3		3
Mortgage	—	—		—		1	38		28
Other	—	—		—		2	11		10
Commercial real estate
Automobile	5	11		10		2	6		4
Mortgage	—	—		—		2	4		3
Total commercial	14	26		25		8	62		48
Total consumer and commercial finance receivables and loans	7,445	$	449	$	361	5,419	$	270	$	252

Finance receivables and loans redefaulted during the period [Table Text Block]

	2012					2011
Nine months ended September 30, ($ in millions)	Number of loans	Carrying value before allowance		Charge-off amount		Number of loans	Carrying value before allowance		Charge-off amount
Consumer automobile	514	$	5	$	2	176	$	2	$	1
Consumer mortgage
1st Mortgage	17	4		1		5	1		—
Home equity	25	2		2		18	1		1
Total consumer mortgage	42	6		3		23	2		1
Commercial
Commercial and industrial
Automobile	4	3		—		1	3		—
Commercial real estate
Automobile	1	2		—		—	—		—
Total commercial	5	5		—		1	3		—
Total consumer and commercial finance receivables and loans	561	$	16	$	5	200	$	7	$	2

The following tables present information about finance receivables and loans recorded at historical cost that have redefaulted during the reporting period and were within 12 months or less of being modified as a troubled debt restructuring. Redefault is when finance receivables and loans meet the requirements for evaluation under our charge-off policy (Refer to Note 1 to the Consolidated Financial Statements in our 2011 Annual Report on Form 10-K for additional information) except for commercial finance receivables and loans where default is defined as 90 days past due.

	2012					2011
Three months ended September 30, ($ in millions)	Number of loans	Carrying value before allowance		Charge-off amount		Number of loans	Carrying value before allowance		Charge-off amount
Consumer automobile	145	$	2	$	—	88	$	1	$	—
Consumer mortgage
1st Mortgage	5	1		—		—	—		—
Home equity	12	1		1		9	1		1
Total consumer mortgage	17	2		1		9	1		1
Commercial
Commercial and industrial
Automobile	—	—		—		—	—		—
Commercial real estate
Automobile	—	—		—		—	—		—
Total commercial	—	—		—		—	—		—
Total consumer and commercial finance receivables and loans	162	$	4	$	1	97	$	2	$	1

Summary of higher-risk mortgage financing receivables and loans [Table Text Block]

The following table summarizes held-for-investment mortgage finance receivables and loans recorded at historical cost and reported at carrying value before allowance for loan losses by higher-risk loan type.

($ in millions)	September 30, 2012		December 31, 2011
Interest-only mortgage loans (a)	$	2,262	$	2,947
Below-market rate (teaser) mortgages	197		248
Total higher-risk mortgage finance receivables and loans	$	2,459	$	3,195